U.K. Materials Undervalued based on future growth

RHI Magnesita

Market Cap: UK£1.5b

Develops, produces, sells, installs, and maintains refractory products and systems used in industrial high-temperature processes worldwide.

Pan African Resources

Market Cap: UK£910.1m

Engages in the mining, extraction, production, and sale of gold in South Africa.

Atalaya Mining Copper

Market Cap: UK£536.3m

Engages in the mineral exploration and development in Spain.

Sylvania Platinum

Market Cap: UK£122.3m

Engages in the retreatment of platinum group metals (PGM) bearing chrome tailings materials in South Africa.

Serabi Gold

Market Cap: UK£113.6m

Engages in the evaluation, exploration, and development of gold and other metals mining projects in Brazil.

Jubilee Metals Group

Market Cap: UK£94.9m

Jubilee Metals Group plc operates as a diversified metals processing and recovery company.

Petropavlovsk

Market Cap: UK£47.5m

Petropavlovsk PLC operates as a gold mining company in the Far East of Russia.